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deficits. they both have a little problem with details. but there is a big, i would strike a big contrast if i was mitt romney. i would put a working state on one side and a welfare state on the other side and i would say america would be much, much better if dollars were earned instead of dollars awarded. it is time to stop rewarding our friends and punishing our enemies and having the government treat every american the same, which is a foundational principal of the rule of law. and i think mitt romney has to do more of that. has he been specific with his plan? he laid five out in the debate, which is more than the president did. that's why independents thought mitt romney did very, very well. >> let me ask you about one of the issues where they differ, medicare. that is a big deal in florida romney says he supports vouchers for medicare, a plan that is not very popular. how does play in florida with all those seniors? >> right now in florida, you've got about 12 million registered voters. 36
deficits. they both have a little problem with details. but there is a big, i would strike a big contrast if i was mitt romney. i would put a working state on one side and a welfare state on the other side and i would say america would be much, much better if dollars were earned instead of dollars awarded. it is time to stop rewarding our friends and punishing our enemies and having the government treat every american the same, which is a foundational principal of the rule of law. and i think...
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debate flop, they realize a new ad using big bird to sarcastically distort governor romney's approach to deficit reduction. >> one man has the guts to speak his name. >> big bird. >> it is me, big bird. >> big, yellow, a menace to our economy. lou: governor romney mentioning big bird in last week's debate as he proposed cuts and funding to the public broadcasting system among a whole bunch of other cuts, it has not stopped sesame workshop from objecting to the president's campaign ad, the nonprofit organization wrote quote, we have approved nong campaign add and as of our general practice, have requested that they be taken down, big bird joining the aarp, and a cincinnati deli owner and nbc's andrea mitchell on the list of people who' the obama campaign to just leave them out of the obama campaign, bad news piling up for the president, some of his most reliable brends hitting him hard, little bi politic coct small ball. and the silly obama campaign. and nbc news called ad absurd, their chief white house correspondent chuck todd said, quote, when can the obama campaign going to stop talking about
debate flop, they realize a new ad using big bird to sarcastically distort governor romney's approach to deficit reduction. >> one man has the guts to speak his name. >> big bird. >> it is me, big bird. >> big, yellow, a menace to our economy. lou: governor romney mentioning big bird in last week's debate as he proposed cuts and funding to the public broadcasting system among a whole bunch of other cuts, it has not stopped sesame workshop from objecting to the...
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i will not put in place a deficit thdea tax that adds to the deficit. my plan is not to put in place any tax cut that will add to the deficit. >> we want to look at the facts here, again. mitt romney has not laid out specifics for how he would pay for his tax cut. he says it's by reducing deductions and closing loopholes, but he hasn't said which or how many. so, the verdict here is simply incomplete. we just don't know. >> that was john burrman reporting there for us. one way, though, is that romney has said that he would actually pay for this reduced revenue is by capping itemized deductions, but still so few specifics. i mean, he floated the idea of capping deductions at 17,000 and then floated the idea of capping them at 25,000 or 50,000. don't voters deserve to know and need to know what it is going to be at this point? >> i think he's going to have to give more specifics, certainly. a debate may not be the best platform to give specifics because the answers are supposed to be short and, frankly, randi, he was able to get away with not giving many
i will not put in place a deficit thdea tax that adds to the deficit. my plan is not to put in place any tax cut that will add to the deficit. >> we want to look at the facts here, again. mitt romney has not laid out specifics for how he would pay for his tax cut. he says it's by reducing deductions and closing loopholes, but he hasn't said which or how many. so, the verdict here is simply incomplete. we just don't know. >> that was john burrman reporting there for us. one way,...
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Oct 10, 2012
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romney's tax cuts will add $5 trillion to the tax cuts. >> if it's true it's not going to add to the deficit, that leaves only one option. that's asking middle class families to foot the bill. >> the president's charge of a $5 trillion tax cut is obviously inaccurate and wrong. >> reporter: romney also in ohio mocked the obama campaign's latest add to cut funding for pbs. >> big bird. big bird. he's focused on saving big bird. it's kind of a strange thing in my view because i'm focused on helping the american people get good jobs. >> reporter: sesame street asked the president to pull the big bird ad. >> twice in the six month lead up you had bombings at our compound there in benghazi and it's 9/11 in libya. what other warnings do you need? >> reporter: warnings for president obama romney's closing the gap. the latest poll, reuters has them tied, gallup has him up by 2 and q has them up by 4. >> reporter: we were talking about polls in the battleground state. it also looks like according to other polls that pennsylvania and michigan may no longer be safe bets for the president. lynn? >> trac
romney's tax cuts will add $5 trillion to the tax cuts. >> if it's true it's not going to add to the deficit, that leaves only one option. that's asking middle class families to foot the bill. >> the president's charge of a $5 trillion tax cut is obviously inaccurate and wrong. >> reporter: romney also in ohio mocked the obama campaign's latest add to cut funding for pbs. >> big bird. big bird. he's focused on saving big bird. it's kind of a strange thing in my view...
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Oct 10, 2012
10/12
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. >> if it's true that it's not going to add to the deficit, that leaves only one option and that's asking middle class families to foot bill. >> reporter: the president's charge of a $5 trillion tax cut is obviously inaccurate and wrong. >> reporter: romney also in ohio mocked the obama campaign's mocking his plan to cut funds for pbs. >> big bird. >> big bird. >> big bird. >> he's focused on saving big bird. kind of a strange thing in my view because you see i'm focused on helping the american people get good jobs. >> reporter: sesame's street now asked the obama campaign to pull the big bird ad, yet there are weightier questions here as congress looks in to whether the u.s. was warned of the deadly libya attack. >> twice in the six month lead up, you had bombings at our compound there in benghazi and it's 9/11 in libya. what other warnings do you need? >> reporter: warnings of trouble now for president obama, romney's closing the gap. the latest polls, reuters has them tied. gallup has romney up by two. pew has him up by four. and we were talking about the polls in the balgtd ground sta
. >> if it's true that it's not going to add to the deficit, that leaves only one option and that's asking middle class families to foot bill. >> reporter: the president's charge of a $5 trillion tax cut is obviously inaccurate and wrong. >> reporter: romney also in ohio mocked the obama campaign's mocking his plan to cut funds for pbs. >> big bird. >> big bird. >> big bird. >> he's focused on saving big bird. kind of a strange thing in my view because...
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Oct 12, 2012
10/12
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WMPT
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budget deficit topped $1 trillion in fiscal 2012. that's our fourth-largest budget deficit since world war two. that held wall street's gains in check: the dow rose 2.5 points, the nasdaq fell five. the s&p down four. for the week, the major averages were all off more than 2%. the nasdaq was hit the worst, down almost 3%. >> susie: a new housing boom? >> susie: a new housing boom? a lot of talk and headlines about a recovery in housing. even consumers are feeling more confident as they see signs of a pick up in housing. next week we'll get more direction on where the nation's housing market is headed with the latest monthly numbers on new home construction and sales of existing homes. diane eastabrook reports. >> reporter: it looks like the housing market is finally emerging from its long funk. in august existing home sales increased nearly 8% to their highest level in more than two years. home construction is gaining steam along with builder confidence. and the standard and poors case shiller home price index which tracks home price
budget deficit topped $1 trillion in fiscal 2012. that's our fourth-largest budget deficit since world war two. that held wall street's gains in check: the dow rose 2.5 points, the nasdaq fell five. the s&p down four. for the week, the major averages were all off more than 2%. the nasdaq was hit the worst, down almost 3%. >> susie: a new housing boom? >> susie: a new housing boom? a lot of talk and headlines about a recovery in housing. even consumers are feeling more confident...
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Oct 6, 2012
10/12
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WETA
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you said you would cut the deficit in half. we still have trillion dollar deficits. >> five weeks before the election, he says his big bold idea is, never mind. >> if there is any good news for the president after the debate is that the unemployment rate dropped below 8% from 8.1%, to 7.8%, the lowest since he took office. jonathan martin was on the ground for the debate in denver. you say romney took the debate stage with the top republican verging on panic. did this turnaround for them? >> they are backing away from the edge. there is no question that this was a make or break moment for governor romney. if he had not shown up like he did in denver, you would have seen a really ugly scene here. a lot of folks in his party would have backed away from him. this puts him back in the game, it restores confidence among other people running for the house and senate this year who are now happy to be seen with him. it gives them a real boost when they desperately need it. he still has problems and a lot of swing states. this puts them
you said you would cut the deficit in half. we still have trillion dollar deficits. >> five weeks before the election, he says his big bold idea is, never mind. >> if there is any good news for the president after the debate is that the unemployment rate dropped below 8% from 8.1%, to 7.8%, the lowest since he took office. jonathan martin was on the ground for the debate in denver. you say romney took the debate stage with the top republican verging on panic. did this turnaround for...
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Oct 7, 2012
10/12
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he proposes tax deductions in real-estate to reduce the deficits. what this means is, over time, $45 llion ovethe next deca. >> we are running short on time. the dough and paul debate. >> this is a deadly earnest. how they can justify raising taxes on the middle-class, who have been buried the last four years. how, in lord's name, can they justify raising their taxes? >> vice-president biden just today said that the middle-class over the last of we were years has been ". ." we agree. that means we need to stop digging by electing mitt romney the next president of the united states. >> what did you think, jonathan? >> you talk to a lot of folks in the romney campaign and they say joe biden is the gift that keeps on giving. you saw him pause when he said four years. i think he meant to say the last 10 years, and it came out wrong. this is fodder for the obama campaign. it will not change, i do not think, in a huge way, the course of events, buthere is no question the obama campaign folks, every time biden is out there, they are nervous about what he i
he proposes tax deductions in real-estate to reduce the deficits. what this means is, over time, $45 llion ovethe next deca. >> we are running short on time. the dough and paul debate. >> this is a deadly earnest. how they can justify raising taxes on the middle-class, who have been buried the last four years. how, in lord's name, can they justify raising their taxes? >> vice-president biden just today said that the middle-class over the last of we were years has been "....
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unemployment rate of nearly 25% the government is hoping larger reduction in spending will reduce the nation's deficits >> turkey has fired into syria for a fourth straight day it. is in response to a syrian mortar that landed near a village on wednesday killing five civilians. there were no immediate reports today of casualties >> your live illinois lottery drawing is next... break week 5 of the nfl.. lexus long drive... plus prep pick 3... 8 4 9 pick 4... hist2 2 8 3 5 lucky day lotto... 6 7 32 23 27 break [ feedback ] attention, well, everyone. you can now try snapshot from progressive free for 30 days. just plug this into your car and your good driving can save you up to 30%. you could even try it without switching your insurance. why not give it a shot? carry on. now you can test-drive snapshot before you switch. visit progressive.com today. great weather for the marathon ... >> temperatures were in the low 40's when it started... we have colder temperatures coming in tonight. time lapse cameras... only a few clubsouds... we're under a very cool flow. the high today was 51 degrees. look how far so
unemployment rate of nearly 25% the government is hoping larger reduction in spending will reduce the nation's deficits >> turkey has fired into syria for a fourth straight day it. is in response to a syrian mortar that landed near a village on wednesday killing five civilians. there were no immediate reports today of casualties >> your live illinois lottery drawing is next... break week 5 of the nfl.. lexus long drive... plus prep pick 3... 8 4 9 pick 4... hist2 2 8 3 5 lucky day...
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Oct 10, 2012
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FOXNEWSW
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you get $16 tril whereon in debt and four straight years of trillion-dollar-plus deficits. we have to move away from that. >> greta: i suspect if president obama were here, he would say that what he has done is to give people opportunity, that you need to jump-start people. you need to give them a little help, every once in a while to jump start it. how do you answer him to that remark? >> i would say, mr. president, you gave us some 800 to 9 mon. billion dollars of a stimulus package. you said that unemployment would never go above 8%. it remained at 8% or above 43 straight months. even still issue you say that unemployment would be 5.8% to 6%. you haven't jump-started anything. as a matter of fact, you wasted almost $twenty one trillion of american taxpayer money and continue to see yourself as a venture capitalist, using american taxpayer money for failed companies that you want to try to pick, based upon your own policies. this is about take org tax code and taking the tax rates and bringing them down, so we can infuse capital into the pockets of the job creators and th
you get $16 tril whereon in debt and four straight years of trillion-dollar-plus deficits. we have to move away from that. >> greta: i suspect if president obama were here, he would say that what he has done is to give people opportunity, that you need to jump-start people. you need to give them a little help, every once in a while to jump start it. how do you answer him to that remark? >> i would say, mr. president, you gave us some 800 to 9 mon. billion dollars of a stimulus...
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Oct 10, 2012
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FOXNEWS
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you expose how detached the president is, as it relates to the budget dole and the deficit. he has a lack of relationships. you're best known for watergate. here we have a situation in benghazi, a known hot bed for terrorist training, an ambassador writing in his diary that he felt his life was in jeopardy. he requested additional security and it was denied. the libyan president said it was a terror attack from the very beginning. the white house went out there with this line that this was spontaneous with mortars and rocket-propelled grenades. it had nothing to do with america and the anniversary of 9/11. it was all based on a movie trailer. all of this story is unraveling. i would think, as a reporter, i am not a reporter, you are known to be a great reporter. this would be a gold mine. why are your colleagues in the media ignoring it? >> well, actually, some very strong stories have been done -- in the washington post -- they have. there is more to be done. clearly there is a disconnect -- i just want to correct one thing about what i say in the book about obama. i don't
you expose how detached the president is, as it relates to the budget dole and the deficit. he has a lack of relationships. you're best known for watergate. here we have a situation in benghazi, a known hot bed for terrorist training, an ambassador writing in his diary that he felt his life was in jeopardy. he requested additional security and it was denied. the libyan president said it was a terror attack from the very beginning. the white house went out there with this line that this was...
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Oct 9, 2012
10/12
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of the major stumbling blocks which i've pointed out people have bought on to the theory as part of deficit reduction we ought to lower the top rate on the highest income people. you lose a ton of revenue there and you can't make it up unless you squeeze the middle class. so if you're going to start out by saying the first thing we do is lower the rate from say 35 to 28 as simpson-bowles does or 25 as ryan does it's virtually impossible do deficit reduction without hurting the middle class. my suggestion intended to break this deadlock, this gridlock we've had on getting a budget deal for the last year and a half, let's get off this thing that the first thing we do is say we're going to lower the top rate. in the presidential campaign, the president's campaigning on letting the rate on the highest income people go back to where it was in the clinton years, that makes sense. now some republicans are saying yeah, we may have to do that. that's the way to get a deal done. instead of the kind of gridlock we've had so far. >> now, one of the other issues is the fiscal cliff and the gang of eight
of the major stumbling blocks which i've pointed out people have bought on to the theory as part of deficit reduction we ought to lower the top rate on the highest income people. you lose a ton of revenue there and you can't make it up unless you squeeze the middle class. so if you're going to start out by saying the first thing we do is lower the rate from say 35 to 28 as simpson-bowles does or 25 as ryan does it's virtually impossible do deficit reduction without hurting the middle class. my...
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Oct 10, 2012
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so mitt romney will cut the deficit by doing something that will add to the deficit. the other thing he brought up, pbs. the only specific that mitt romney gave in terms of how he will cut the deficit. the only detail he provided was that he would eliminate 1/100th of 1% of the budget. there have been lots of attempts to put the number in sper perspective. here's more. >> the federal share of the corporation for public broadcasting is about $450 million this year. that $450 million is about what the pentagon spends every six hours. >> six hours. to be clear, mr. romney and mr. ryan's idea for the deficit to save the country from fiscal disaster and pay for the stuff they want to do that's really expensive, their plan is to eliminate six hour's worth of defense spending. one-fourth of one day's worth of defense spending. at the same time, to make overall defense spending go like this. because, you know, they are the numbers guys. math. >>> i just find it troubling that the president's message -- the president's focus -- 28 days from election day is big bird. >> these a
so mitt romney will cut the deficit by doing something that will add to the deficit. the other thing he brought up, pbs. the only specific that mitt romney gave in terms of how he will cut the deficit. the only detail he provided was that he would eliminate 1/100th of 1% of the budget. there have been lots of attempts to put the number in sper perspective. here's more. >> the federal share of the corporation for public broadcasting is about $450 million this year. that $450 million is...
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said he would cut funding to the public broadcasting service in order to help reduce the country's deficit. now the obama camp released a new tongue and cheek ad casting the star as a criminal mastermind. will it be infective? take a look and decide for yourself. >> i'm barack obama and i approve this message. >> bernie madoff, ken lay, gluttons of greed. and the man who towered over him. one man who has the guts to speak his name. >> big bird. >> big bird. >> big, yellow, a menace to our economy. mitt romney knows it's not wall street you have to worry about, it's sesame street. >> i'm going to stopt subsidy to pbs. >> mitt romney taking on enemies no matter where they nest. >> with the presidential election four weeks away, there is new polling out. it shows the race between president obama and mitt romney closer than ever. tracie potts has more on that from washington. good morning. >> lynn, good morning. mitt romney is going to iowa today to a family farm before heading off to ohio where we'll hear his repeat his new campaign line. mitt romney has a new campaign line today. >> hope is
said he would cut funding to the public broadcasting service in order to help reduce the country's deficit. now the obama camp released a new tongue and cheek ad casting the star as a criminal mastermind. will it be infective? take a look and decide for yourself. >> i'm barack obama and i approve this message. >> bernie madoff, ken lay, gluttons of greed. and the man who towered over him. one man who has the guts to speak his name. >> big bird. >> big bird. >> big,...
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Oct 12, 2012
10/12
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WJLA
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obama's four deficits are the four largest in us history. he's adding almost as much debt as all 43 previous presidents -- combined. and over 30 cents of every dollar obama spends is borrowed. much of it from countries like china. he's not just wasting money, he's borrowing it and then wasting it. we can't afford four more years. [ romney ] i'm mitt romney and i approve this message.
obama's four deficits are the four largest in us history. he's adding almost as much debt as all 43 previous presidents -- combined. and over 30 cents of every dollar obama spends is borrowed. much of it from countries like china. he's not just wasting money, he's borrowing it and then wasting it. we can't afford four more years. [ romney ] i'm mitt romney and i approve this message.
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Oct 11, 2012
10/12
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no team has ever come back from an 0-2 deficit by winning three game on the road. the giants have a chance to do it tonight. the reds still have not won a play-off game, a home play-off game in 17 years. nats hosting the cardinals in game three. second inning, cardinals up one. edwin jackson for a three run home run. cardinals win 8-0. st. louis leads that series 2-1. they can put the nats away today. all eight teams on the field. giants and reds play game five at 1:00 eastern time today. followed by the nats and cards at 4:00. yankees and close it out against the os and tigers and as all or nothing for those two teams in oakland tonight. >>> well in cycling, the legacy of lance armstrong took another substantial hit yesterday. the u.s. anti-doping agency released 1,000 pages of what it called overwhelming evidence against armstrong and his former cycling team regarding doping charges. 11 of armstrong's former teammates testified against him claiming armstrong not only participated himself in doping but demanded his teammates follow his lead or leave the team. ceo
no team has ever come back from an 0-2 deficit by winning three game on the road. the giants have a chance to do it tonight. the reds still have not won a play-off game, a home play-off game in 17 years. nats hosting the cardinals in game three. second inning, cardinals up one. edwin jackson for a three run home run. cardinals win 8-0. st. louis leads that series 2-1. they can put the nats away today. all eight teams on the field. giants and reds play game five at 1:00 eastern time today....
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Oct 7, 2012
10/12
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CNNW
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if congress is bound to kick the can on a decision about cutting spending and deficit control, change the can. come up with a condition for not making a deal that is actually palatable and not horrible for the economy like the current situation that we have. tell me how that would even happen? are there enough people like you and those who you are trying to work with who are actually still in office in washington to hammer out a more perfect compromise? >> i think those kind of people are in the house and the senate. i think they are talking with each other, but the problem is, ali, they're not getting support from their own leaders in the congress, republicans or democrats. they're not getting support from the white house. they're not getting support from the party base who insists on 100% solution in their favor, and the american people, the common-sense americans that i think are in the great majority have to rise up because that's the missing part of the airplane is the middle. the wings are flapping and making their voices heard but the middle is not, and that's got to happen bec
if congress is bound to kick the can on a decision about cutting spending and deficit control, change the can. come up with a condition for not making a deal that is actually palatable and not horrible for the economy like the current situation that we have. tell me how that would even happen? are there enough people like you and those who you are trying to work with who are actually still in office in washington to hammer out a more perfect compromise? >> i think those kind of people are...
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Oct 12, 2012
10/12
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CNBC
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he will continue to attract the deficit. he'll look at the tax reform which i think is very important, if you get any help from the republicans whatsoever which he got none of for the last two years we'll see real tax reforms and the implication of the tax codes and he'll get his jobs bill passed if the congress will cooperate which they haven't done for two years. >> tom stemberg, your reaction to howard's definition here and your agenda? larry, when you've been in office for four years, you shouldn't be evaluated on your plans. you should be evaluated on your performance, it's at best, d-minus and our jobs situation are running trillion dollar deficits and america's dollar and the stock price, if you will, is at an all-time low and that's not a good record. >> excuse me, our stock price is up tremendously since barack obama took office. wall street's done really well. the reason is corporate profits. >> our currency. >> our economy is recovering and the people know it. >> thank you very much. tom stemberg, ceo of staples.
he will continue to attract the deficit. he'll look at the tax reform which i think is very important, if you get any help from the republicans whatsoever which he got none of for the last two years we'll see real tax reforms and the implication of the tax codes and he'll get his jobs bill passed if the congress will cooperate which they haven't done for two years. >> tom stemberg, your reaction to howard's definition here and your agenda? larry, when you've been in office for four years,...
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Oct 10, 2012
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CNBC
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midterm elections concerned raising taxes on the rich as a way to reduce the nation's record budget deficit. but for president reagan's former budget director david stockman, raising taxes on the rich isn't nearly enough to cure what ails the u.s. economy. in october 2010, stockman told lesley stahl that all tax cuts implemented by president george w. bush should be eliminated, even those on the middle class, and that his own republican party has gone too far with its anti-tax religion. >> tax cutting is a religion. what do you mean by that? >> well, it's become, in the sense, an absolute-- something that can't be questioned, something that's gospel, something that's sort of embedded in the catechism. and so scratch the average republican today, and he'll say, "tax cuts, tax cuts, tax cuts." >> cut taxes. >> cutting taxes. >> make the tax cuts permanent. >> it's rank demagoguery. we should call it for what it is. if these people were all put into a room on penalty of death to come up with how much they could cut, they couldn't come up with $50 billion when the problem is $1.3 trillion. so t
midterm elections concerned raising taxes on the rich as a way to reduce the nation's record budget deficit. but for president reagan's former budget director david stockman, raising taxes on the rich isn't nearly enough to cure what ails the u.s. economy. in october 2010, stockman told lesley stahl that all tax cuts implemented by president george w. bush should be eliminated, even those on the middle class, and that his own republican party has gone too far with its anti-tax religion....
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Oct 11, 2012
10/12
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WGN
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mothers that a lots of fish could reduce symptoms of attention deficit disorder however the right fish is important but the mercury in fish is something to be cautious of cancersince high mercury levels could cause complications. i am now remembering to grab my coat before i walk out the door because it is starting to get cold. beautiful colors more great pictures. >> it is a beautiful day i heard a lotus into mark asking about when the warm weather is coming. tomorrow we turned warm and cool friday. what a spectacular day look how shark that horizon is. we are 10.2 degrees below one year ago. you can see gale warnings up in the lake in anticipation of the wind to increase. and the sun sets at 616 tomorrow night down 4 hours now from june 21st. the days are short. that warm air will be in here during the day tomorrow pushing temperatures up some. let me show you some of the lows overnight. we will check this temperature drop. these are some of the gusts around the area today. for lunchtime tomorrow we could have 40 mi. per hour gusts pumping the warm air back into the area. a powerhous
mothers that a lots of fish could reduce symptoms of attention deficit disorder however the right fish is important but the mercury in fish is something to be cautious of cancersince high mercury levels could cause complications. i am now remembering to grab my coat before i walk out the door because it is starting to get cold. beautiful colors more great pictures. >> it is a beautiful day i heard a lotus into mark asking about when the warm weather is coming. tomorrow we turned warm and...
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Oct 9, 2012
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-- new deficit neutral. in other words, no cost to the deficit and cutting $5 trillion mainly for the wealthy. let's watch. >> with regards to that tax cut, look, i'm not looking to cut massive taxes and to reduce the revenues going to the government. my number one principle is there will be no tax cut that adds to the deficit. i want to underline that. no tax cut that adds to the deficit. >> his running mate just dates before, paul ryan directly contradicted romney. ryan said lowering the tax rates was more important than anything else, including getting rid of those deductions to pay for them supposedly. let's watch. >> what's most important to romney, would he scale back on the 20% tax cut for the wealthy? would he scale back and say, okay, we're going to have to raise taxes for the middle class? i guess the question is what's most important to him in his tax reform plan -- >> keeping tax rates down. by lowering tax rates, people keep more of the next dollar they earn. >> that's more important -- >> that'
-- new deficit neutral. in other words, no cost to the deficit and cutting $5 trillion mainly for the wealthy. let's watch. >> with regards to that tax cut, look, i'm not looking to cut massive taxes and to reduce the revenues going to the government. my number one principle is there will be no tax cut that adds to the deficit. i want to underline that. no tax cut that adds to the deficit. >> his running mate just dates before, paul ryan directly contradicted romney. ryan said...
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number 1, the president's plan to cut the deficit by $4 trillion, that he would return america to tax rates under clinton that the obama medicare says romney's medicare plan would cost $6 million. you can see the whole list here >> sean: you say none of this is true? >> what is amazing, first of all, know only did he do a lousy job in the debate, they threw upon the miserable experience for them, a whole mountain of lies on the american people. they woke up the next day and said, wow, not only did we did a bad job, we lied the whole way through, so we are going on call mitt romney a liar. here's the plan. let's call them a bunch of liars to try to inoculate that problem. this is their tactic-- >>> have you to understand -- >> we know that's the case. >> sean: that's all they had left after this horrific showing by the president. you know, remember, mitt romney's the guy who killed this worker's wife. mitt romney's the guy who never paid taxes. mitt romney wants dirty air and water. paul ryan upons to throw granny over the cliff. they don't care about kids with down's syndrome. the lie
number 1, the president's plan to cut the deficit by $4 trillion, that he would return america to tax rates under clinton that the obama medicare says romney's medicare plan would cost $6 million. you can see the whole list here >> sean: you say none of this is true? >> what is amazing, first of all, know only did he do a lousy job in the debate, they threw upon the miserable experience for them, a whole mountain of lies on the american people. they woke up the next day and said,...
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the deficit then was nearly as big and that deficit was almost erased. how did roosevelt do that? created social security and levied heavier taxes, programs for housing and agriculture, put new controls over banks, public utilities and created enormous work relief programs for the unemployed. sounds similar to the president's proposals today, but unlike the last four years fdr saw the unemployment drop, millions of jobs created, gdp jumped, the deficit shrank and the middle class saw a huge expansion that lasted for decades, a building of the middle class that's the envy of the world or used to be. peter, peter morici, can this feat of rebuilding the middle class and reducing the deficit, can that happen again? >> absolutely, but we have to remember that roosevelt inherited a very small government, so expanding it wasn't the rock on the back of the private sector. a more comparable situation was reag reagan's dilemma, inherited an economy with double digit inflation and interest rates and unemployment that peaked at 10.8%, not 10 as mr. obama's did, but hy he took his stimulus in
the deficit then was nearly as big and that deficit was almost erased. how did roosevelt do that? created social security and levied heavier taxes, programs for housing and agriculture, put new controls over banks, public utilities and created enormous work relief programs for the unemployed. sounds similar to the president's proposals today, but unlike the last four years fdr saw the unemployment drop, millions of jobs created, gdp jumped, the deficit shrank and the middle class saw a huge...
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Oct 10, 2012
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tony pÉrez a gun rights supporter is tired of paying up when it comes to county, state and federal deficits. the middle class is doing it all the time to bail everybody out. recent statistics show that one-third of all guns found on chicago streets were bought in the suburbs this while the homicide rate is up 25% from this time last year. more than 9000 inmates feel an already overcrowded cook county jail at a cost of $143 each per day. why would they want to pay more than they already pay?. the cook county board president will unveil some hard figures at the budget address next week. the reason behind a stabbing on southwest side pizza place police accuse the 19 year-old of stabbing a woman with a box cutter november 30th they say the victims with a man who complained to a manager after he took his salad plate away without asking he threatened the man pulled out the box cover in stabbed a woman a woman was treated and released at a local hospital. union reps in school district officials worked late last night trying to hammer out a new labor contract both sides say there are labor contract
tony pÉrez a gun rights supporter is tired of paying up when it comes to county, state and federal deficits. the middle class is doing it all the time to bail everybody out. recent statistics show that one-third of all guns found on chicago streets were bought in the suburbs this while the homicide rate is up 25% from this time last year. more than 9000 inmates feel an already overcrowded cook county jail at a cost of $143 each per day. why would they want to pay more than they already pay?....
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Oct 6, 2012
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happened we've had some creeping candor going on here in terms of the structural debate, structural deficit situation. governor romney made it clear that he's going to have rate cuts but not tax cuts. he's talking about revenue mutual reduction in change. on the other side president obama, this was a dog that didn't bark in effect because usually democrats talk about medicare and social security in a way that indicates they would never do anything about it. president obama to his credit did not do that. so i took some encouraging spin during the debate. >> we're encouraged. >> something that congress can build on. that may give the people in the congress working together a little more ammunition. >> very good. all right. thank you, senator. good to see you as always, senator sam nunn. john king as always. good to see you. and christine romans. coming up next big promiraculous small returns. can political leaders create jobs for our voters around the world or are they being lied to. q and a next with richard quest. to help those affected and to cover cleanup costs. today, the beaches and gul
happened we've had some creeping candor going on here in terms of the structural debate, structural deficit situation. governor romney made it clear that he's going to have rate cuts but not tax cuts. he's talking about revenue mutual reduction in change. on the other side president obama, this was a dog that didn't bark in effect because usually democrats talk about medicare and social security in a way that indicates they would never do anything about it. president obama to his credit did not...